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Bombardier Inc (BBDa.TO)

BBDa.TO on Toronto Stock Exchange

1.94CAD
18 Sep 2019
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Latest Key Developments (Source: Significant Developments)

Mitsubishi Aircraft Announces MoU With Mesa Airlines For 100 Spacejet M100 Aircraft
Thursday, 5 Sep 2019 

Sept 5 (Reuters) - MITSUBISHI AIRCRAFT CORPORATION: :MITSUBISHI AIRCRAFT CORPORATION ANNOUNCES MOU WITH MESA AIRLINES FOR 100 SPACEJET M100 AIRCRAFT.MITSUBISHI AIRCRAFT CORPORATION - MOU TARGETS 50 FIRM ORDERS AND PURCHASE RIGHTS FOR AN ADDITIONAL 50 AIRCRAFT.MITSUBISHI AIRCRAFT - DELIVERIES WOULD BEGIN IN 2024.MITSUBISHI AIRCRAFT CORPORATION - MESA ANTICIPATES UTILIZING THE SPACEJET M100 FLEET IN THEIR CAPACITY PURCHASE AGREEMENTS WITH MAJOR U.S. AIRLINES.  Full Article

Bombardier Says Contract To Supply And Operate Monorail Lines In Egypt Valued At About 3.72 Bln Euro
Tuesday, 13 Aug 2019 

Aug 13 (Reuters) - Bombardier Inc ::UPDATE:CONSORTIUM OF BOMBARDIER TRANSPORTATION, ORASCOM CONSTRUCTION AND ARAB CONTRACTORS WINS CONTRACT TO SUPPLY AND OPERATE TWO MONORAIL LINES IN EGYPT.BOMBARDIER TRANSPORTATION - TOTAL VALUE OF DESIGN, BUILD AND O&M CONTRACT IS APPROXIMATELY 3.72 BILLION EURO ($4.16 BILLION).BOMBARDIER TRANSPORTATION- CO'S SHARE IS 2.36 BILLION EURO ($2.64 BILLION).  Full Article

Bombardier Reports Quarterly Loss Per Share Of $0.04
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - Bombardier Inc ::BOMBARDIER - QTRLY LOSS PER SHARE $0.04; QTRLY REVENUE $4.31 BILLION VERSUS $4.26 BILLION.BOMBARDIER - SEES 2019 CONSOLIDATED ADJUSTED EBITDA $1.20 BILLION - $1.30 BILLION.BOMBARDIER - SEES 2019 CONSOLIDATED REVENUE $16.5 BILLION -$17.0 BILLION.BOMBARDIER - FULL YEAR GUIDANCE UPDATED TO REFLECT NEW AVIATION REPORTING SEGMENT.BOMBARDIER - CONSOLIDATED FREE CASH FLOW USAGE FOR 2019 NOW EXPECTED TO BE ABOUT $500 MILLION.BOMBARDIER - SEES 2019 AIRCRAFT DELIVERIES 175 UNITS TO 180 UNITS.BOMBARDIER - QTRLY BUSINESS AIRCRAFT REVENUE $1.38 BILLION VERSUS $1.31 BILLION.BOMBARDIER - QTRLY BUSINESS AIRCRAFT DELIVERIES OF 35 UNITS VERSUS 34 UNITS.BOMBARDIER - ORDER BACKLOG FOR BUSINESS AIRCRAFT $15.3 BILLION AT QUARTER-END VERSUS $14.3 BILLION AS OF DEC 31, 2018.BOMBARDIER - QTRLY COMMERCIAL AIRCRAFTS REVENUE $516 MILLION VERSUS $616 MILLION.BOMBARDIER - QTRLY COMMERCIAL AIRCRAFTS DELIVERIES 17 UNITS VERSUS 10 UNITS.BOMBARDIER - ORDER BACKLOG FOR COMMERCIAL AIRCRAFT 41 UNITS AT QUARTER-END VERSUS 97 UNITS AS OF DEC 31, 2018.BOMBARDIER - QTRLY BOMBARDIER TRANSPORTATION REVENUE $2.19 BILLION VERSUS $2.26 BILLION.BOMBARDIER - QTRLY BOMBARDIER TRANSPORTATION ORDER INTAKES $2.0 BILLION VERSUS $2.4 BILLION.BOMBARDIER - ORDER BACKLOG AT BOMBARDIER TRANSPORTATION $33.6 BILLION AT QUARTER-END VERSUS $34.5 BILLION AS OF DEC 31, 2018.BOMBARDIER -IN 2019, WILL MAKE ADDITIONAL INVESTMENTS, INCUR ADDITIONAL COSTS AT TRANSPORTATION, TOTALING $250 MILLION TO $300 MILLION.  Full Article

Bombardier Reports Second Quarter 2019 Results, Revises 2019 Guidance
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - Bombardier Inc ::BOMBARDIER REPORTS SECOND QUARTER 2019 RESULTS, REVISES 2019 GUIDANCE.Q2 REVENUE $4.3 BILLION VERSUS REFINITIV IBES ESTIMATE OF $4.09 BILLION.Q2 EARNINGS PER SHARE VIEW $-0.02, REVENUE VIEW $4.09 BILLION -- REFINITIV IBES DATA.FY2019 REVENUE VIEW $16.95 BILLION -- REFINITIV IBES DATA.BOMBARDIER - UPDATED GUIDANCE TO REFLECT CONSOLIDATION OF CO'S AEROSPACE ASSETS INTO SINGLE REPORTING SEGMENT, BOMBARDIER AVIATION.BOMBARDIER - UPDATED GUIDANCE TO ALSO REFLECT ADDITIONAL INVESTMENTS & COSTS NEEDED TO COMPLETE LEGACY PROJECTS & TRANSFORMATION AT TRANSPORTATION.  Full Article

Unifor Statement on Bombardier's layoffs at Thunder Bay
Wednesday, 10 Jul 2019 

July 10 (Reuters) - Unifor: :UNIFOR - WILL SOON BE MEETING WITH MEMBERS TO DISCUSS UNION'S PLAN TO SAVE JOBS AT BOMBARDIER'S THUNDER BAY PLANT..  Full Article

Bombardier Terminates Of 550 Employees Effective November 4 At Thunder Bar Site
Wednesday, 10 Jul 2019 

July 10 (Reuters) - Bombardier Inc ::BOMBARDIER - AT CO'S THUNDER BAR SITE, ANNOUNCES TERMINATION OF 550 EMPLOYEES EFFECTIVE ON NOVEMBER 4, 2019.BOMBARDIER - DECISION TO TERMINATE EMPLOYEES AT THUNDER BAY DUE TO CYCLICAL NATURE OF BUSINESS, RAMP DOWN OF TWO HIGH CADENCE PROGRAMS.BOMBARDIER - FULLY COMMITTED TO THE OVERALL DELIVERY OF 204 STREETCARS BY THE END OF 2019.BOMBARDIER - CO MUST ALSO DEAL WITH LOCAL CONTENT REQUIREMENT THRESHOLD IN U.S., WHICH IS NOW AT 65%, WILL BE AT 70% IN FALL DUE TO BUY AMERICA ACT.BOMBARDIER - TO DEAL WITH U.S. 70% LOCAL CONTENT REQUIREMENT THRESHOLD, CO "HAS NO CHOICE BUT TO HAVE AN AMERICAN MANUFACTURING FOOTPRINT AND SUPPLY CHAIN".BOMBARDIER - "WE CANNOT FULLY LEVERAGE OUR CANADIAN MANUFACTURING FOOTPRINT AND EXPERTISE".  Full Article

Bombardier To Lay Off 550 Workers At Its Thunder Bay Plant- BNN Bloomberg
Tuesday, 9 Jul 2019 

July 9 (Reuters) - :BOMBARDIER TO LAY OFF 550 WORKERS AT ITS THUNDER BAY PLANT- BNN BLOOMBERG.  Full Article

Mitsubishi Heavy Industries To Acquire Canadair Regional Jet Program From Bombardier
Tuesday, 25 Jun 2019 

June 25 (Reuters) - Bombardier Inc ::MITSUBISHI HEAVY INDUSTRIES TO ACQUIRE CANADAIR REGIONAL JET PROGRAM FROM BOMBARDIER INC..MITSUBISHI HEAVY INDUSTRIES TO ACQUIRE CANADAIR REGIONAL JET PROGRAM FROM BOMBARDIER INC..BOMBARDIER - PROPOSED DEAL FOR CASH CONSIDERATION OF $550 MILLION.BOMBARDIER - BOMBARDIER'S NET BENEFICIAL INTEREST IN REGIONAL AIRCRAFT SECURITIZATION PROGRAM (RASPRO) IS VALUED AT APPROXIMATELY $180 MILLION USD.BOMBARDIER - CRJ PRODUCTION FACILITY IN MIRABEL, QUÉBEC WILL REMAIN WITH BOMBARDIER.BOMBARDIER - DEAL INCLUDES ASSUMPTION BY MHI OF LIABILITIES AMOUNTING TO APPROXIMATELY $200 MILLION USD.BOMBARDIER - BOMBARDIER WILL CONTINUE TO SUPPLY COMPONENTS AND SPARE PARTS AND WILL ASSEMBLE CURRENT CRJ BACKLOG ON BEHALF OF MHI.BOMBARDIER - AGREEMENT CONTEMPLATES A REVERSE BREAK FEE PAYABLE BY MHI UNDER CERTAIN CIRCUMSTANCES..BOMBARDIER - CRJ PRODUCTION IS EXPECTED TO CONCLUDE IN SECOND HALF OF 2020, FOLLOWING DELIVERY OF CURRENT BACKLOG OF AIRCRAFT.BOMBARDIER - WILL ALSO RETAIN CERTAIN LIABILITIES REPRESENTING A PORTION OF CREDIT AND RESIDUAL VALUE GUARANTEES TOTALING APPROXIMATELY $400 MILLION USD.BOMBARDIER - AGREEMENT CONTEMPLATES A REVERSE BREAK FEE PAYABLE BY MHI UNDER CERTAIN CIRCUMSTANCES..BOMBARDIER - BOMBARDIER'S NET BENEFICIAL INTEREST IN RASPRO WILL BE TRANSFERRED TO MHI..BOMBARDIER - CO'S NET BENEFICIAL INTEREST IN RASPRO, VALUED AT ABOUT $180 MILLION, WILL BE TRANSFERRED TO MHI.  Full Article

Bombardier To Supply 30 Additional Flexity Trams To Brussels Transportation Company
Tuesday, 18 Jun 2019 

June 18 (Reuters) - Bombardier Inc ::BOMBARDIER TO SUPPLY 30 ADDITIONAL FLEXITY TRAMS TO BRUSSELS TRANSPORTATION COMPANY.BOMBARDIER - ORDER IS VALUED AT APPROXIMATELY 67 MILLION EURO ($75 MILLION US).BOMBARDIER - FIRST DELIVERIES OF 30 ADDITIONAL FIVE-CAR, 32-METER TRAMS ARE PLANNED FROM DECEMBER 2020.BOMBARDIER - SECOND CALL OFF ORDER IS PART OF A FRAMEWORK CONTRACT FOR UP TO 175 TRAMS WITH AN INITIAL CALL OFF OF 60 TRAMS SIGNED IN APRIL 2018.  Full Article

Bombardier To Provide 74 Additional Twindexx Vario Double-Deck Coaches To Israel Railways
Thursday, 6 Jun 2019 

June 6 (Reuters) - Bombardier Transportation::BOMBARDIER TO PROVIDE 74 ADDITIONAL TWINDEXX VARIO DOUBLE-DECK COACHES TO ISRAEL RAILWAYS.CALL-OFF IS PART OF FRAMEWORK AGREEMENT SIGNED IN OCTOBER 2010 AND IS VALUED AT APPROXIMATELY 147 MILLION EURO.DELIVERY OF NEW COACHES IS SCHEDULED TO BE COMPLETED BY DECEMBER 2021.  Full Article

UPDATE 2-Embraer delivers new jet that Boeing may soon sell against Airbus

SAO JOSE DOS CAMPOS, Brazil, Sept 12 Embraer hopes to see more orders for its newest passenger plane by the end of the year, an executive said on Thursday, as Boeing readies to take over the Brazilian planemaker's commercial jets division in what could mark the next phase of its rivalry with Airbus.